Elementis plc (ELM) Receives Consensus Rating of “Hold” from Analysts
Shares of Elementis plc (LON:ELM) have received a consensus recommendation of “Hold” from the seven analysts that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 316 ($4.37).
A number of research firms recently issued reports on ELM. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 285 ($3.94) price target on shares of Elementis in a report on Monday, October 30th. Credit Suisse Group reissued an “outperform” rating and set a GBX 350 ($4.84) price target on shares of Elementis in a report on Friday, October 27th. Finally, Numis Securities reissued an “add” rating and set a GBX 335 ($4.63) price target on shares of Elementis in a report on Tuesday, December 12th.
Elementis (LON ELM) opened at GBX 284.40 ($3.93) on Tuesday. Elementis has a twelve month low of GBX 255.10 ($3.52) and a twelve month high of GBX 320.68 ($4.43). The stock has a market capitalization of $1,320.00 and a PE ratio of 2,585.45.
Elementis plc is a United Kingdom-based specialty chemicals company. The Company operates through three segments: Specialty Products, Chromium and Surfactants. The Specialty Products segment provides functional additives to the coatings, personal care and energy markets. It offers rheological additives and modifiers, high performance dispersing agents, organoclays and colorants, defoamers and coalescing agents, wetting and slip agents, loanolin and other natural oil derivatives, flow and leveling additives, other specialty additives and resins.
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